Online Transactions

ARTICLES ABOUT ONLINE TRANSACTIONS BY DATE - PAGE 4

NEW DELHI: More people searched online for Bollywood newcomer Sunny Leone than actors like Salman Khan and Katrina Kaif and cricket maestro Sachin Tendulkar, making the adult star the most searched personality this year, according to Google India's annual Zeitgeist. The Google India Zeitgiest tracks the year's major events and trends based on Google searches conducted in the country. Shahrukh Khan was fifth in the list, followed by singer Honey Singh, Telugu and Tamil film actress Kajal Agarwal, Kareena Kapoor, Sachin Tendulkar and Poonam Pandey.

Online marketplace Snapdeal is launching its own payment gateway, the second company to do so after market leader Flipkart. The service aims to simplify online transactions for users and may also be licensed to other e-commerce companies. The gateway will authorise credit card payments and process them securely through a user's bank account, and is expected to help wean Indians away from paying by cash for purchases made online. "In our business, the core marketplace is the king, the logistics platform the queen, while the payments platform is the jack.

OneAssist Consumer Solutions, has launched a unique protection plan christened as WalletAssist, which provides cover against any kind of fraud on your credit and debit cards. "With 200 million internet users in the country, online transactions have increased multi-fold in last few years," Subrat Pani, Co-Founder, OneAssist. "Our new WalletAssist Plan is designed to offer complete peace of mind with its comprehensive fraud protection and one call assistance services. " Most people carry multiple cards (debit and credit)

BEIJING: Chinese shoppers have spent a record $ 5.7 billion, snapping up everything from mobile phones to diamond rings on 'Singles Day' festival created by e-tailers for loveless to console themselves with retail therapy. November 11, or 11.11, was proclaimed "Singles' Day" because of the number of ones in the date, with sellers promoting discounts to single people. China had 564 million Internet users at the end of last year and 180 million single people. Tens of millions of shoppers stayed up on Sunday night poised to pounce on their favourite items as the day's sales officially started just after midnight.

NEW DELHI: If you like shopping on the net and prefer paying cash, you may not be the only one taking a close look at the itemised bill - Indian tax authorities are now tracking online purchases to identify potential defaulters. In a country where just 3% of the more than 100 crore population pays income tax, widening the base has not been easy. Also, tax evaders spend through cash transactions that leave no record. But online transactions are different. Here buyers tend to leave a digital trail that is available to the Income-Tax department, which uses smart software to map an individual's spending to the filed returns.

MUMBAI: ICICI Bank customers may now "like" their bank more as it will allow them to use the social media network Facebook to execute transactions. In a first for an Indian bank, the biggest private lender by assets launched a new banking app that lets customers transact via Facebook. The application, called Pockets by ICICI Bank, allows clients to transfer funds, book movie tickets, recharge mobile phones and split and track group expenses and allows people to send notifications when payments to the group are pending.

NEW DELHI: He has regaled us with his stupidity for years. Now, Suppandi has been roped in by Visa to spread financial awareness in India. A 4-page sponsored section in Tinkle, the monthly magazine for children from the Amar Chitra Katha stable , will feature the cartoon character's misadventures in everyday finance. Whether it is using credit cards for online transactions or responding to mails from fraudsters, the bumbling Suppandi will educate readers on credit card do's and don'ts.

MUMBAI: ICICI Bank today launched a credit card with multiple security features to check fraudulent transactions. The private lender claimed it was Asia's first 'carbon credit card' with Visa CodeSure technology and comes with some of the best possible security features. Called the ICICI Bank Carbon card, it comes with EMV chip technology, apart from an alpha-numeric LCD screen, a 12- button touch keypad and an in-built battery. The bank wants to sell the card primarily to its existing customers.

NEW DELHI: The growing use of digital currency will result in rise in cyber laundering as hacking attacks and online scams take centre stage on Internet , says a latest report. It said the Indian banks and authorities may wary as money laundering using online black-marketing route and other techniques will expand with the use of digital currency. "This new techniques of money laundering (using digital currency) includes opening accounts with low cost and little known payment gateways, buying digital currencies, purchasing stolen data, setting up online shops with payment gateways, using the bank accounts of money mules to transfer so earned money to different countries," said the report by Pune-based 'Indiaforensic'.

NEW DELHI: Taking the first step towards launch of online PF transfer claim facilities, retirement fund body EPFO today unveiled the revised transfer claim form for the purpose. The launch of full fledged service of online transfer of provident fund transfer claims would take more than a month, EPFO's Central Provident Fund Commissioner K K Jalan said. The revised transfer claim form, which could be used online as well as manually, was unveiled by the Labour and Employment Minister Sis Ram Ola . According to Jalan, the full fledged service of online transfer of PF accounts on changing jobs would be possible only after employers' have digital signatures for the purpose.